Hut 8
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Hut 8 Corp (Nasdaq, TSX: HUT) is a Miami-headquartered energy infrastructure and digital compute company that builds and operates Bitcoin mining sites, traditional colocation data centers, and, increasingly, gigawatt-scale AI data center campuses leased to hyperscale tenants. As of 2026 its most notable projects are two purpose-built AI campuses developed under a “power-first” model: River Bend in West Feliciana Parish, Louisiana (leased in part to Fluidstack with a Google financial guarantee) and Beacon Point in Nueces County, Texas, where Nvidia has signed leases reportedly worth up to $50 billion for a facility built to Nvidia’s DSX AI-factory reference architecture. Alongside these newer AI campuses, Hut 8 still runs a legacy portfolio of Bitcoin mining sites in Alberta and Texas and five smaller carrier-neutral colocation data centers in Ontario and British Columbia acquired from TeraGo in 2022. The company also offers GPU-as-a-Service through its Highrise brand. Hut 8 traces its roots to a 2017 Bitfury-backed Bitcoin mining venture, redomiciled to the U.S. after a 2023 merger of equals with US Bitcoin Corp, and has since pivoted a meaningful share of its site pipeline from cryptomining toward AI/HPC leasing.
Hut 8 operates as a cloud provider and colocation provider, with facilities at the following locations:
FACILITY OPERATOR
Phone: 1-855-488-8472 Email: [email protected]
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Hut 8 Data Center Locations
- Drumheller, Alberta, Canada Golf (Drumheller) PENDING REVIEW
Known internally as "Golf," this was one of Hut 8's earliest mining sites before being shut down amid rising Alberta power costs and voltage issues. - Medicine Hat, Alberta, Canada Medicine Hat PENDING REVIEW
Medicine Hat is Hut 8's original flagship mining site, backed by a long-term power supply partnership with the City of Medicine Hat's municipal utility since 2018. - Kelowna, British Columbia, Canada Kelowna Data Center CARRIER-NEUTRAL · 1-855-488-8472 PENDING REVIEW
This 30,000 sq ft, 6MW facility was originally taken over in 2015 as part of TeraGo's acquisition of RackForce before passing to Hut 8 in 2022. - Vancouver, British Columbia, Canada Vancouver Data Center CARRIER-NEUTRAL · 1-855-488-8472 PENDING REVIEW
- Vancouver, British Columbia, Canada Vancouver Vault Data Center CARRIER-NEUTRAL · 1-855-488-8472 PENDING REVIEW
The building was originally constructed as a Bank of Canada vault, giving it two-metre-thick, rebar-reinforced flooring and unusually heavy physical security. - Mississauga, Ontario, Canada Mississauga Data Center CARRIER-NEUTRAL · 1-855-488-8472 PENDING REVIEW
The facility occupies the second floor of a complex originally constructed by BlackBerry and opened in 2015. - Vaughan, Ontario, Canada Vaughan Data Center TIER I CARRIER-NEUTRAL · 1-855-488-8472 PENDING REVIEW
This facility benefits from proximity to the Toronto Internet Exchange (TorIX), giving colocation customers direct access to a major regional peering point. - St. Francisville, Louisiana, USA River Bend PENDING REVIEW
River Bend's initial AI lease to Fluidstack was financially backed by a guarantee from Google, a rare structural feature that helped enable major project financing. - Kearney, Nebraska, USA Kearney Site PENDING REVIEW
- Niagara Falls, New York, USA Alpha (Niagara Falls) PENDING REVIEW
The site was previously embroiled in a legal dispute with the City of Niagara Falls over mining operations, later settled, and continues to host third-party miners for Ionic Digital under a managed services arrangement. - Granbury, Texas, USA Granbury Site PENDING REVIEW
- King Mountain, Texas, USA Echo (King Mountain) PENDING REVIEW
King Mountain is a joint venture in which Hut 8 holds a roughly 50% stake alongside a Fortune 200 renewable energy partner, hosting some of the industry's largest mining clients. - Corpus Christi, Texas, USA Beacon Point PENDING REVIEW
Nvidia has signed two 15-year leases at Beacon Point worth a combined $19.6 billion in base-term contract value, with total potential value up to $50 billion if renewal options are exercised. - Orla, Texas, USA Salt Creek PENDING REVIEW
Salt Creek was Hut 8's first fully greenfield mining site, going from groundbreaking to energization of its 63 MW capacity in roughly three months in 2024. - Vega, Texas, USA Vega TIER I PENDING REVIEW
Hut 8 believes Vega, based on publicly available information, is the largest single-building Bitcoin mining facility in the world by nameplate hashrate.
By Continent
Common Questions
Does Hut 8 have facilities built specifically for AI/GPU workloads?
Yes. Hut 8's River Bend campus in Louisiana and Beacon Point campus in Texas are both purpose-built AI data center campuses; Beacon Point's first phase is explicitly designed to Nvidia's DSX reference architecture for gigawatt-scale AI training and inference, and River Bend is leased in part to AI compute provider Fluidstack under a Google-backed contract.
Is Hut 8 still a Bitcoin mining company?
Hut 8 still operates and hosts Bitcoin mining infrastructure at sites like Medicine Hat (Alberta), King Mountain (Texas), and Salt Creek (Texas), but it has increasingly spun out and leased mining operations to affiliates like American Bitcoin Corp while shifting new development toward AI/HPC data center leasing.
Where are Hut 8's traditional colocation data centers located?
Hut 8 Canada operates five carrier-neutral colocation facilities acquired from TeraGo: two in the Toronto area (Vaughan and Mississauga, Ontario), two in Vancouver (including the Vancouver Vault, housed in a former Bank of Canada building), and one in Kelowna, British Columbia.
Has Hut 8 closed any of its mining sites?
Yes. Hut 8 closed its Drumheller, Alberta site in March 2024 due to high energy costs and voltage issues, relocating efficient miners to Medicine Hat, and it also wound down managed-services operations at its Kearney, Nebraska and Granbury, Texas sites as of April 30, 2024.
Does Hut 8 offer cloud services?
Hut 8 is classified as a cloud provider among other services it offers — we can't confirm which specific facilities provide cloud services. Please contact Hut 8 directly to confirm cloud availability.
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